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ERIC Number: EJ889251
Record Type: Journal
Publication Date: 2010
Pages: 31
Abstractor: As Provided
Reference Count: 21
ISSN: ISSN-0022-166X
Back to Work: Expectations and Realizations of Work after Retirement
Maestas, Nicole
Journal of Human Resources, v45 n3 p718-748 Sum 2010
This paper analyzes a puzzling aspect of retirement behavior known as "unretirement." Nearly 50 percent of retirees follow a nontraditional retirement path that involves partial retirement or unretirement, and at least 26 percent of retirees later unretire. I explore two possible explanations: (1) unretirement transitions result from failures in planning or financial shocks; and (2) unretirement transitions are anticipated prior to retirement, reflecting a more complex retirement process. I show that unretirement was anticipated for the vast majority of those returning to work, and is not a result of financial shocks, poor planning or low wealth accumulation. (Contains 2 figures, 8 tables, and 34 footnotes.)
University of Wisconsin Press. 1930 Monroe Street, Madison, WI 53711-2059. Tel: 608-263-0668; Fax: 608-263-1173; e-mail:; Web site:
Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A